Oobit adds Phantom wallet support, enabling Solana payments through Visa networks globally.
- Oobit integrates Phantom, expanding Solana payments through Visa.
- Solana payments now widely accepted.
- Over 100 million Visa merchants covered.
Oobit has integrated Phantom wallet support within its DePay system, allowing Solana-based payments through Visa’s global network.
This integration expands crypto payment options worldwide, potentially increasing Solana and Phantom’s utility in everyday transactions without official market reaction data.
Oobit has integrated Phantom wallet support into its DePay payment system, facilitating Solana transactions via Visa’s global network.
This integration enables Solana-based payments globally, affecting over 100 million Visa merchants and offering new financial utility.
Oobit Expands Solana Use with Visa Integration
Oobit’s latest integration allows Phantom wallet users to make Solana-based payments through Visa’s network. This addition enhances the current DePay infrastructure, which already supports various self-custody wallets.
The collaboration joins forces of Oobit, Phantom, and Visa to streamline digital transactions. Phantom users can now access a larger pool of merchants, marking a new chapter for crypto transactions.
Global Impact: Solana Now at 100 Million Merchants
Oobit’s move immediately expands the reach of Solana-based wallets to worldwide Visa merchants. Users gain enhanced ability to transact using their digital assets globally.
Financial analysts predict this could drive increased adoption of cryptocurrencies within traditional payment systems. The synergy between these platforms might influence digital asset market dynamics.
Historical Successes: Crypto Goes Mainstream
Similar past efforts have shown promise in integrating crypto payments into mainstream networks. The Plasma integration, allowing USDT spending at Visa merchants, set a precedent.
Commentators suggest that the integration could substantially enhance cryptocurrency utility, possibly leading to new business models in global commerce. Trends indicate greater mainstream acceptance of crypto solutions.
Amram Adar, CEO, Oobit – “Billions of dollars sit idle in self-custody wallets every day. DePay turns them into spendable money. Any wallet, any chain, gasless and instant. This is not just Oobit’s biggest step. It’s the start of stablecoins replacing banks as the way people pay worldwide.”
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